20. Hardigan Manufacturing Company reported the following year end information:Beginning work in process inventoryCost of goods manufacturedBeginning finished goods inventoryEnding work in process inventoryEnding finished goods inventory$80,000S950,000S00,000$70.000$50,000How much is Hardigan's cost of goods sold for the year?a S070,000b. $1,000,000e. SO80,000d. S060.000

20. Hardgan Manufacturing Company reported the fowing yend infomation Beginning work in process inentory Cot of goods manufactured Beginning fished goods inventery Ending work in process ivertory Ending finished goods inventory S80,000 SOs0,000 s00.000 S70.000 S50,000 How much is Hardigan's cost of goods sold for the year? 970.000 b S1,000.000 e So0,000 d. s0.000

20. Hardgan Manufacturing Company reported the fowing yend infomation Beginning work in process inentory Cot of goods manufactured Beginning fished goods inventery Ending work in process ivertory Ending finished goods inventory S80,000 SOs0,000 s00.000 S70.000 S50,000 How much is Hardigan's cost of goods sold for the year? 970.000 b S1,000.000 e So0,000 d. s0.000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Please answer required a,b
Prime cost is 236000 OMR, and cost of production for the year is 298420 OMR Opening stock of work in progress is 12000, and closing stock of Work in progress is 13500 OMR, Opening stock of finished goods is 20000, and closing stock of finished goods is 14000 OMR, Cost of goods manufactured 958000 OMR Calculate cost of Goods Sold Select one: a. 969600 OMR b. 964000 OMR c. 999000 OMR d. None of these
The following information is available for ABC Company for the year ended December 31: Beginning raw materials inventory Raw materials purchases Ending raw materials inventory Direct labor expense What is the amount of direct materials used in production for the year? Multiple Choice $5,200. $7,500. $4,700. $8,900. $ 3,700 5,200 4,200 2,200
Choose and explain. a. P4,170,000 b. P4,270,000
Subject: acounting
1. Gross profit at the end of the year (before adjustment) a. 610,800b. 538,000c. 110,000d. 458,000
Subject-Acounting
am. 106.
Subject : Accounting
3. Purchases of materials P10,000; Direct labor4,000; Manufacturing overhead P2,000; Materials beginning P1,000; Materials ending P2,000; Work in Process beginning P4,000; Work in Process ending P2,000. Cost of goods manufactured is choices: 15,000 16,000 17,000 18,000
uols A moodle1.du.edu.om Prime cost is 236000 OMR, and cost of production for the year is 355000 OMR Opening stock of work in progress is 4000, and closing stock of Work in progress is 5000 OMR, Opening stock of finished goods is 20000, and closing stock of finished goods is 13750 OMR, Cost of goods manufactured 358500 OMR Calculate cost of goods available for sale Select one: a. None of these O b. 395000 OMR O c. 385500 OMR O d. 378500 OMR Previous page Next page ASSIGNMENT 1 Jump to... Quiz navigation 200 1 2 3 5 6 7 8 || 9 4. II
Online i Entry (16) in the below T-account represents the cost of goods manufactured transferred from Finished Goods. Bal. (15) Bal. Finished Goods 40,000 (16) True 540,000 60,000 True or False False 520,000